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You invested $30, 000 in writing greeting cards. Supplies cost $0.02 per card and selling them for 50 cents?
find the:
cost function
revenue function
the break even point. describe what that means
3 Answers
- 1 decade agoFavorite Answer
Look at it this way----> total money you spent on making greeting cards=30,000
the cost for you to make one card= $0.02 (two cents)
i believe you would divide these two numbers---->that would let you make 1,500,000 greeting cards
you sell each card for $0.50 (fifty cents)
so next you would multiply the two numbers--->giving you $750,000
break even: when would you be able you earn $30,000 from the
greeting cards or in other words being able to pay off the $30,000 you used to start the business.
and you would be able to do that when you sold 60,000 greeting cards.
and i THINK that is the answer:]
- PrivateLv 51 decade ago
Well I never would have spent $30,000 worth of greeting cards in the first place, nontheless, people would not be willing to spend their money on them.
- Anonymous1 decade ago
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